Bihar Gramin Bank Bakhara IFSC Code

Bihar Gramin Bank Bakhara IFSC Code

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Bihar Gramin Bank Bakhara IFSC Code
This branch is located in Bakhara village, Muzaffarpur district, Bihar (PIN 843101). For sending or receiving funds by NEFT, RTGS or IMPS you must use the correct IFSC. The IFSC directs electronic transfers to the exact bank and branch. Using the wrong IFSC or account details can delay or misroute payments, so verify details before confirming a transfer.

Branch Details

Bank Name Bihar Gramin Bank
Branch Name Bakhara
IFSC Code PUNB0MBGB06
MICR Code 800811002
Branch Code 100052
Branch Address Bakhara, MUZAFFARPUR, 843101, 9297955326
Contact Number 9297955326
City MUZAFFARPUR
District MUZAFFARPUR
Reason MUZAFFARPUR
Pincode 843101
State Bihar

Merger Update

This IFSC (PUNB0MBGB06) reflects the integration of former regional gramin banks into the Punjab National Bank system. Both Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been merged and now operate under Punjab National Bank’s single IFSC code format for these branches. Old UBGB or DBGB IFSC codes have been revoked. For any electronic transfer, use only the new IFSC PUNB0MBGB06. Transactions attempted with revoked IFSCs may fail or be delayed.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to route electronic payments to a bank branch. Its structure is fixed:

  • First 4 characters: Bank identifier (for example, PUNB = Punjab National Bank).
  • 5th character: Always zero (reserved for future use).
  • Last 6 characters: Branch identifier (can include letters and digits). In this case: MBGB06 identifies the specific branch entry.

How to Use the IFSC Code (NEFT / RTGS / IMPS)

Follow these steps for a typical online bank transfer:

  • Open your bank’s internet banking or mobile app and choose “Fund Transfer” or “Send Money”.
  • Select the transfer type: NEFT, RTGS or IMPS. (IMPS is instant; NEFT and RTGS timing depends on bank processes, though many banks support 24×7 processing.)
  • Add a beneficiary: enter beneficiary name exactly as the account is held, account number, account type, and the IFSC PUNB0MBGB06.
  • Save beneficiary (if required). The bank may ask for beneficiary verification—complete as prompted.
  • Enter the transfer amount and confirm. Complete any authentication (OTP, token) your bank requires.
  • Check the transaction acknowledgement and note the reference number. Keep it until funds are credited.

Before sending money, always confirm the IFSC and account number with the beneficiary. If you are unsure, call the branch number 9297955326 to verify details.

Benefits of Knowing the IFSC

  • Ensures transfers reach the correct bank branch for NEFT, RTGS and IMPS.
  • Reduces failed or delayed transactions caused by incorrect routing.
  • Makes it easier to register beneficiaries in internet and mobile banking.
  • Helps validate bank details when reconciling payments or receiving funds.
  • MICR + IFSC together speed up cheque clearing and electronic settlements.

Contact

Branch Phone: 9297955326
Branch Address: Bakhara, MUZAFFARPUR, 843101
Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR
Toll Free: 18001807777

FAQs

Q: How can I verify this IFSC before sending money?
A: Call the branch at 9297955326 or check a recent bank statement or the bank’s official customer service. Confirm both the IFSC PUNB0MBGB06 and the account number with the beneficiary.

Q: What happens if I use a revoked or old IFSC (UBGB/DBGB)?
A: Old UBGB/DBGB IFSCs have been revoked. Transactions using revoked IFSCs may be rejected or delayed. Use only the current IFSC PUNB0MBGB06 to avoid problems.

Q: If I enter the wrong IFSC but correct account number, will the money reach the beneficiary?
A: Outcomes vary by bank routing logic. If the bank code portion points to a different bank, the transfer may fail. If it points to the same bank but wrong branch, the bank may still route by account number. To avoid risk, always double-check both IFSC and account number.

Q: What is the difference between IFSC and MICR?
A: IFSC routes electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque clearing in physical clearing houses. Both help in processing payments but serve different channels.

Q: Is IFSC required for UPI transactions?
A: No. UPI uses virtual payment addresses (VPAs) and mobile numbers, so you do not need an IFSC for a UPI transfer. For bank-to-bank electronic transfers outside UPI, IFSC is required.

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